Fortress Investment Group has acquired Florida East Coast Industries, which focuses on real estate and railroads, for $3.5bn.
2 min read · 22 January 2013
The listed private equity firm is reportedly in talks with Foster & Partners, the architects behind Wembley Stadium and the Beijing Airport, in a deal that could value the company at up to £500m.
2 min read · 22 January 2013
None of 350 delegates at the annual INREV conference in Madrid last week was wearing a Che Guevara-style black beret. Indeed, surveying those gathered at the luxurious Westin Palace Hotel, it is hard to imagine a group more detached from the iconic Cuban revolutionary.
3 min read · 01 February 2013
Mikhail Khodorkovsky may be sitting in a Russian jail cell, but his former company’s real estate assets are only appreciating in value.
2 min read · 22 January 2013
Making their first investment in the golf course sector, California-based CORE Realty Holdings has acquired The Revere Club for $28m.
2 min read · 22 January 2013
The European buyout firm fended off several bidders to secure the purchase of the UK airport for £145m.
1 min read · 22 January 2013
US buyout firm Apollo Management has secured UK property firm Countrywide with help from the hedge fund Polygon, after frantic eleventh hour negotiations which saw two consecutive revised bids from Apollo.
1 min read · 22 January 2013
Billionaire real estate investor Sam Zell has been selected to back the $8.2bn privatisation of newspaper publisher Tribune Company, a transaction which involves the sale of a stake in a Chicago baseball team and an Employee Stock Ownership Plan.
1 min read · 22 January 2013
Shareholders have approved the appointment of Sebastien Bazin to the supervisory board of Carrefour as Colony Capital challenges the company to sell off its real estate assets.
2 min read · 22 January 2013
Dawnay Day Sirius, which has been set up to convert large mixed-use German properties into flexible workspace, floated today on the Alternative Investment Market.
2 min read · 22 January 2013
